Politics

Out of context: Reply #12020

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  • luckyorphan0

    @ mathinc, re: SEC

    Would it be out of the question to suggest that the SEC's behavior embodied the general conservative ethic of limited regulation and oversight?

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    • Not likely. All of government failed us on the exotic financial deals created in the last decade. Congress had a chance to requiremathinc
    • require that investors making Credit Default Swaps actually had the money to back their bets, instead they decided against addingmathinc
    • adding that requirement.. since it was brought to vote on a Friday before a break. The SEC is routinely lethargic and reactionary.mathinc
    • reactionary instead of actually recognizing the shenanigans going on all around them and stopping them before they blow.mathinc
    • Typical government lethargy and ineffectiveness. The SEC is the lame, deaf, narcoleptic dog guarding the hen house.mathinc
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